How would you check the accuracy of the opening balance of the most recent statement? subtract the ending balance of the last statement from the ending balance of the current statement

verify that last month's ending balance equals this month’s opening balance

reconcile last month’s statement against non-bank records

add all of this month’s withdrawals to the ending balance

Which of the following actions would be most likely to reduce potential conflicts of interest between stockholders and bondholders? a) compensating managers with stock options, b) financing risky projects with additional debt, c) the threat of hostile takeovers, d) the use of covenants in bond agreements that limit the firm's use of additional debt and constrain managers actions, e) abolishing the security and exchange commission

Technology corp. is considering a $238,160 investment in a new marketing campaign that it anticipates will provide annual cash flows of $52,000 for the next five years. the firm has a 6% cost of capital. what should the analysis indicate to the firm's managers?

Which feature is a characteristic of a corporation?